“Blockchain technology represents the next generation of the Internet — the internet of value and trusted transactions which will drive extensive industry transformation. It is ever more important to come together and build open and interoperable solutions which will enable widespread adoption and allow companies to harness blockchain’s disruptive power,” said Jagadeesan. “We are excited to promote Hyperledger’s longevity and growth across multiple use cases and industries.”

Hyperledger aims to create common distributed ledger technology that enables organizations to build and run robust, industry-specific applications, platforms and hardware systems to support their individual business transactions. Since the beginning of 2016, Hyperledger has grown to more than 145 members that span various industries, including finance, healthcare, the Internet of Things and aeronautics, among several others.

“Cisco is a technology leader with expertise building secure, scalable and Internet scale critical infrastructure; We are thrilled they’re taking a leadership role within Hyperledger’s Governing Board,” said Brian Behlendorf, Executive Director, Hyperledger. “Cisco has been an active member of Hyperledger and we highly value its contributions to date.”

Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology. The Linux Foundation hosts Hyperledger under the foundation. To learn more, visit: https://www.hyperledger.org/.